What is the Difference Between an Insurance Agent and an Insurance Broker?
December 22, 2016Insurance Agent vs. Broker: What’s the Difference? Insurance agents and brokers are professionals who sell insurance. They may choose to specialize in a certain area, such as property and casualty insurance (P&C), which protects businesses against lawsuits and property losses. Both agents and brokers are licensed in the state where they operate and must comply… Read more »
What Role Does the Accountant or CPA Have in Estate Planning?
December 14, 2016Learn Why You Need an Accountant or CPA on Your Planning Team For many people, the accountant or CPA is one of their most trusted advisors. This seems to be especially true for people who own businesses. They have utilized the advice of the accountant in many diverse situations. Estate planning is no exception. The… Read more »
What Role Does the Attorney Have in Planning?
December 12, 2016What Role Does an Attorney Have in Estate and Financial Planning? The attorney will participate with your financial advisor and CPA in the discovery of information and clarification of those objectives you wish to accomplish. Once plan design is agreed upon, the attorney will draft the proper documents to make them legal and binding. How… Read more »
Would Coaching Help Me With My Philanthropic Planning?
December 06, 2016Yes. Coaching can help with philanthropic planning. Our observation in working with clients is that many people are reactive in their giving to charities not . They respond to solicitations received in the mail, the year-end appeal from charitable organizations to give for tax deductions, and the call from a friend to help with an… Read more »
Would Coaching Help the Estate Planning Process?
December 02, 2016Estate Planning Process Has Coaching? Absolutely! Many people procrastinate in going to their estate planner. Many who start the estate planning process never complete it. Many who complete the process do not keep it current by revisiting it periodically, leaving wishes and people in their documents that are no longer relevant in their lives. Why?… Read more »
What is a Good Example of Scenario Development?
November 28, 2016How to do Scenario Development & Plan for Anything Suppose that you are age 55 and have accumulated a net worth of over $3 million from a life of hard work. Your children have all graduated from college, have jobs, and are no longer dependent on you. You want to explore some of the possible… Read more »
Financial life Planning…How Do You Integrate Life Planning and Financial Planning?
November 22, 2016Do you know about financial life planning? Integrating a life coach into a comprehensive financial plan can transform your retirement planning experience. Once you are financially and emotionally prepared, making the decision to retire is empowering. The end result is something we all aspire to…a more fulfilling and enjoyable life. Financial life planning is a… Read more »
What Does the Financial Life Planning Process Look Like?
November 18, 2016You should create your life plan before you create your financial plan. Where life plans are created to help clients achieve their dreams, financial plans are developed to help clients achieve their life plans. One approach to integrating financial planning and life planning might follow this 4-step process: Purpose—Clarify where you want to go Vision—Paint… Read more »
Why Integrate Life Coaching and Financial Planning?
November 16, 2016Integrate Life Coaching Into Retirement Planning While financial planning and life coaching have traditionally been independent of each other, integrating the two can be extremely beneficial. It is time to integrate life coaching into your financial planning. By working through your plan more comprehensively, you will feel more comfortable and confident in making the transition…. Read more »
What is the Difference Between Financial Advice and Financial Coaching?
September 15, 2016Most professionals that work on your financial and legal affairs are providing you with advice. The Webster Dictionary defines advice as: “recommendation regarding a decision or course of conduct.” In this arrangement, most of the time you have already determined the problem or issues to which you would like a solution and you are coming… Read more »